Multiple Choice
The ultimate effect of a reduction in the money supply is:
A) a leftward shift of the aggregate demand curve.
B) a rightward shift of the short-run aggregate supply curve.
C) a movement upward along the aggregate demand curve.
D) a movement downward along the aggregate demand curve.
E) a movement upward along the short-run aggregate supply curve.
Correct Answer:
Verified
Correct Answer:
Verified
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